# COHR Stock vs the S&P 500: Returns, Risk and Crash History

> Coherent Corp., technology (market value $33.4 billion), an S&P 500 member: how it compared with the S&P 500, how it behaved in every crash since 2008, its risk‑adjusted returns and what analysts said. Returns to Oct 30, 2026; analyst data as of Nov 9, 2026.

Source: https://www.exent.ai/stocks/cohr · Reviewed by David, Senior Analyst, Exent · Published Oct 27, 2026 · Updated Nov 11, 2026

**What changed since Nov 2, 2026:** Buy ratings 82% → 77% · analysts covering 23 → 22 · 4★+ analysts covering 18 → 17

## Key takeaways

- COHR returned +247.6% over the 5 years to Oct 30, 2026 versus +75.9% for the S&P 500: it beat the index.
- Its 5-year Sharpe ratio was 0.66 against 0.58 for the S&P 500.
- Its deepest crisis drawdown was −68.2% in the global financial crisis (2007–09) (S&P 500: −56.5%).
- Five‑year volatility was 68.1% and beta 2.21.
- 22 analysts rated it in the past year; 77% of their latest calls were Buy.
- COHR beat earnings estimates in 12 of its last 12 reports; the stock moved 10.5% on average, up or down, around each report.

## Did COHR beat the S&P 500?

Over the 5 years to Oct 30, 2026, Coherent Corp. (COHR) returned **+247.6%** including dividends, versus **+75.9%** for the S&P 500 (SPY). It beat the index by 171.7 percentage points, or +28.3% a year against +12.0%.

| Period | COHR | S&P 500 | COHR per year | S&P 500 per year | Result |
| --- | --- | --- | --- | --- | --- |
| 1 year | +59.4% | +12.0% | +59.4% | +12.0% | Beat |
| 3 years | +610.5% | +87.4% | +92.2% | +23.3% | Beat |
| 5 years | +247.6% | +75.9% | +28.3% | +12.0% | Beat |
| 10 years | +656.5% | +316.3% | +22.4% | +15.3% | Beat |

Total return with dividends reinvested, from month-end prices to Oct 30, 2026. Beating the index on raw return is only half the story: the next section adjusts for the risk taken. See also [how to beat the S&P 500](https://www.exent.ai/beat-the-market).

COHR is in the [S&P 500](https://www.exent.ai/stocks/sp-500) (members as of Oct 20, 2026); the list shows every member’s return against the index.

## What Wall Street analysts say about COHR

In the 12 months to 30 days ago, 22 analysts published 171 ratings on COHR. Their latest calls were 77% Buy, 23% Hold and 0% Sell. 17 of them rank 4★ or higher in Exent’s analyst scoring, which is based on each analyst’s past price‑target hit rate and returns.

The consensus 12‑month price target was $404.75 (range $350.00–$450.00), +88.6% from the last price. Remember that the average analyst’s target is hit only about half the time: [how accurate are price targets?](https://www.exent.ai/resources/are-analyst-price-targets-accurate)

| Top‑ranked analyst covering | Firm | Stars | Price‑target hit rate |
| --- | --- | --- | --- |
| Members only | Members only | 5.0★ | 63.0% |
| Members only | Members only | 5.0★ | 63.3% |
| Members only | Members only | 5.0★ | 70.9% |
| [Dave Kang](https://www.exent.ai/analysts/dave-kang) | [B. Riley Securities](https://www.exent.ai/firms/b-riley-securities) | 5.0★ | 59.1% |
| [Blayne Curtis](https://www.exent.ai/analysts/blayne-curtis) | [Jefferies](https://www.exent.ai/firms/jefferies) | 5.0★ | 62.8% |

Other analysts covering COHR: [Michael Genovese](https://www.exent.ai/analysts/michael-genovese) · [Meta Marshall](https://www.exent.ai/analysts/meta-marshall) · [Tim Savageaux](https://www.exent.ai/analysts/tim-savageaux) · [Papa Talla Sylla](https://www.exent.ai/analysts/papa-talla-sylla) · [Sean O'Loughlin](https://www.exent.ai/analysts/sean-o-loughlin) · [Thomas O'Malley](https://www.exent.ai/analysts/thomas-o-malley)

Ratings are shown with a 30‑day delay. Who the top‑ranked analysts on COHR are, their live calls and the median target of only the top‑rated analysts are in [Exent Gems](https://www.exent.ai/radar).

The average analyst’s target is reached about 53.1% of the time; Exent Gems is built on the top 50 of Exent’s ranking,where some reached 90% or more over the last two years. [Unlock the top 50 analysts](https://www.exent.ai/radar).

## COHR returns by year vs the S&P 500

COHR beat the S&P 500 in 4 of the 9 full calendar years shown.

| Year | COHR | S&P 500 | Difference |
| --- | --- | --- | --- |
| 2026 (to Oct 30, 2026) | +14.0% | +11.7% | +2.3% |
| 2025 | +94.8% | +17.7% | +77.1% |
| 2024 | +117.6% | +24.9% | +92.7% |
| 2023 | +24.0% | +26.2% | −2.2% |
| 2022 | −48.6% | −18.2% | −30.4% |
| 2021 | −10.0% | +28.7% | −38.7% |
| 2020 | +125.6% | +18.3% | +107.3% |
| 2019 | +3.7% | +31.2% | −27.5% |
| 2018 | −30.9% | −4.6% | −26.3% |
| 2017 | +58.3% | +21.7% | +36.6% |

## COHR risk-adjusted returns: Sharpe, Sortino and volatility

Over 5 years, COHR had a Sharpe ratio of **0.66** against 0.58 for the S&P 500, so it earned more return per unit of risk than the index. Its annualized volatility was 54.5% and its beta 2.21: it tended to move about 2.2× as much as the market.

| Metric | COHR | S&P 500 |
| --- | --- | --- |
| Annual return | +28.3% | +12.0% |
| Volatility (annualized) | 54.5% | 15.5% |
| Sharpe ratio | 0.66 | 0.58 |
| Sortino ratio | 1.10 | 0.91 |
| Max drawdown (month-end) | −59.2% | −23.9% |
| Beta to the S&P 500 | 2.21 | 1.00 |

[Sharpe](https://www.exent.ai/learn/sharpe-ratio) divides return above cash by total volatility; [Sortino](https://www.exent.ai/learn/sortino-ratio) counts only downside volatility. Both use monthly returns and the 1–3 month T‑bill ETF (BIL) as the risk‑free rate.

## How COHR behaved in past crashes

COHR’s deepest fall in the crises below was **−68.2%** in the global financial crisis (2007–09), against −56.5% for the S&P 500. The last column turns that into money: what a $100,000 position would have lost from peak to trough.

| Crisis | COHR | S&P 500 | Loss on $100,000 |
| --- | --- | --- | --- |
| Global financial crisis (2007–09) | −68.2% | −56.5% | −$68,180 |
| 2018 trade-war selloff | −39.5% | −20.2% | −$39,450 |
| COVID crash (Feb–Mar 2020) | −43.0% | −34.1% | −$43,010 |
| 2022 inflation bear market | −56.3% | −25.4% | −$56,340 |
| 2025 tariff selloff | −41.4% | −19.0% | −$41,440 |

| Window | COHR max drawdown |
| --- | --- |
| Last 1 year | −60.2% |
| Last 3 years | −60.2% |
| Last 5 years | −62.9% |
| Last 10 years | −72.2% |

Peak‑to‑trough declines from daily prices inside each crisis window. A crash replay does not predict the next crisis; it shows how much room a holding needs. Run the same replay on a whole portfolio with the [crash test](https://www.exent.ai/tools/crash-test).

## What moves with COHR, and what doesn’t

Correlation runs from −1 (moves opposite) to +1 (moves in lockstep). Over the last 60 months of monthly returns, COHR’s correlation with the S&P 500 was **0.63**, with the Nasdaq‑100 0.67, with long Treasuries (TLT) 0.39 and with gold (GLD) 0.17.

Adding a 5% COHR position to an S&P 500 portfolio would have moved its 5‑year volatility from 15.5% to 16.5%.

| Least correlated large caps | Correlation | Most correlated large caps | Correlation |
| --- | --- | --- | --- |
|  | −0.17 |  | 0.67 |
|  | −0.16 |  | 0.65 |
|  | −0.14 |  | 0.64 |
|  | −0.14 |  | 0.64 |
|  | −0.11 |  | 0.64 |

Holdings that are highly correlated behave like one position in a selloff. See [how to find hidden overlap](https://www.exent.ai/resources/is-my-portfolio-diversified).

## Latest COHR upgrades, downgrades and price‑target changes

| Date | Rating and target | Analyst |
| --- | --- | --- |
| Nov 6 | Target raised Buy Target $440, was $420 | [Papa Talla Sylla](https://www.exent.ai/analysts/papa-talla-sylla) Citi |
| Nov 5 | Target cut Hold Target $228, was $262 | [Dave Kang](https://www.exent.ai/analysts/dave-kang) B. Riley Securities |
| Nov 5 | Target cut Buy Target $275, was $395 | [Sean O'Loughlin](https://www.exent.ai/analysts/sean-o-loughlin) TD Cowen |
| Nov 5 | Target cut Hold Target $240, was $400 | [Vivek Arya](https://www.exent.ai/analysts/vivek-arya) Bank of America Securities |
| Nov 2 | Upgrade Hold → Buy Target $280 | [Tim Savageaux](https://www.exent.ai/analysts/tim-savageaux) Northland Securities |
| Oct 30 | Target cut Hold Target $262, was $297 | [Dave Kang](https://www.exent.ai/analysts/dave-kang) B. Riley Securities |
| Oct 30 | Target cut Hold Target $325, was $375 | [Meta Marshall](https://www.exent.ai/analysts/meta-marshall) Morgan Stanley |
| Oct 15 | Target cut Hold Target $297, was $345 | [Dave Kang](https://www.exent.ai/analysts/dave-kang) B. Riley Securities |
| Sep 30 | New coverage Buy Target $350 | Daniel Zhu‏ Bernstein |
| Sep 29 | New coverage Buy Target $350 | Daniel Zhu‏ Bernstein |

Named analysts’ rating and price‑target changes on COHR in the 5 weeks to Oct 12, 2026, shown 30 days after publication (the free analysts’ calls 3 days after). The top‑ranked analysts’ calls are in [Exent Gems](https://www.exent.ai/radar). [See all of the latest analyst upgrades and downgrades](https://www.exent.ai/analysts/upgrades).

## Do analysts get COHR right?

Of the 459 analyst price targets on COHR set from 2019 until a year ago, **74.1%** were reached within 12 months (data to Oct 20, 2026), 5.5 points above the 68.6% hit rate of the median stock in Exent’s study of 794 stocks. Targets that were reached took a median of 44 days. The median target sat 20.7% above the share price on the day it was set.

Where analysts said COHR would be by now: a year ago, 11 analysts had a price target on COHR, and the median of their latest targets was **$170.00**. On Oct 20, 2026 COHR closed at $231.82, 36.4% above it.

- **74.1%** of targets reached within 12 months

- **44 days** median time to reach a target

- **+36.4%** price now vs the median target set a year ago

| After | Calls | Move on the call | 3 months vs S&P 500 |
| --- | --- | --- | --- |
| Upgrades of COHR | 20 | +1.4% | +19.2% |
| Upgrades, all stocks | 11,514 | +2.5% | +3.4% |
| Downgrades of COHR | 16 | −3.3% | −4.0% |
| Downgrades, all stocks | 10,700 | −3.0% | −1.6% |

The move on the call runs from the close before the rating change to the close after it; the last column is the stock’s return minus the S&P 500’s over the next three months. Averages of rating changes on COHR through Sep 15, 2026; analysts are not named here. [Do analyst upgrades move stocks?](https://www.exent.ai/resources/do-analyst-upgrades-move-stocks)

## How COHR moves after earnings

COHR beat the consensus earnings‑per‑share estimate in **12 of its last 12** quarterly reports, through the one on Aug 12, 2026, and the revenue estimate in 7 of 12. From the close before each report to the close after it, the stock moved 10.5% on average, up or down, against 6.8% for the average report across the 1,002 US stocks Exent tracks. It rose after 6 of the 12 reports. In 6 of the 12 beats the stock still fell.

- **12/12** earnings beats

- **±10.5%** average move per report

- **6/12** reports followed by a rise

| Report | EPS vs estimate | Revenue vs estimate | Stock move |
| --- | --- | --- | --- |
| Aug 12, 2026 | $1.74 vs $1.62 | +3.1% | −0.4% |
| May 6, 2026 | $1.41 vs $1.40 | +1.3% | −4.9% |
| Feb 4, 2026 | $1.29 vs $1.21 | +2.7% | −8.7% |
| Nov 5, 2025 | $1.16 vs $1.04 | +1.7% | +23.8% |
| Aug 13, 2025 | $1.00 vs $0.92 | −1.2% | −21.4% |
| May 7, 2025 | $0.91 vs $0.86 | −0.2% | +1.1% |
| Feb 5, 2025 | $0.95 vs $0.69 | +4.8% | +14.5% |
| Nov 6, 2024 | $0.74 vs $0.61 | +2.6% | +17.0% |

Reported earnings per share against the consensus estimate, revenue surprise in percent, and the stock’s price change over the two sessions around the report. [How stocks move after earnings](https://www.exent.ai/resources/how-stocks-move-after-earnings)

## Where COHR’s revenue comes from

In fiscal 2026 (the year to Jun 30, 2026), **11.4%** of COHR’s $7.1 billion revenue came from China, down from 11.7% in fiscal 2025. By region: North America 65.1%; Europe 11.4%; China 11.4%; Other Countries 6.6%.

By business, the largest segment was Datacenter & Communications, with 74.1% of $7.1 billion revenue.

| Segment | Revenue | Share | Growth |
| --- | --- | --- | --- |
| Datacenter & Communications | $5.3 billion | 74.1% | — |
| Industrial | $1.8 billion | 25.9% | — |

From COHR’s annual filings; segment growth compares fiscal 2026 with the year before. Regions are as each company reports them, so one company’s “Asia Pacific” is not another’s. China counts the regions a company reports as China, Greater China or Hong Kong; a separately reported Taiwan is not counted. [Which S&P 500 companies depend most on China?](https://www.exent.ai/resources/sp-500-china-revenue-exposure)

## Members of Congress who traded COHR

As of Oct 20, 2026, **9 members of Congress** had disclosed 25 trades in COHR (14 buys and 11 sales) in STOCK Act disclosures filed with the House and Senate. The latest public trade is dated Aug 18, 2026.

| Trade date | Member | Type | Amount |
| --- | --- | --- | --- |
| Aug 18, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Sale | $1,001–$15,000 |
| Jun 25, 2026 | [Sheldon Whitehouse](https://www.exent.ai/congress/sheldon-whitehouse) | Buy | $15,001–$50,000 |
| May 1, 2026 | [Ro Khanna](https://www.exent.ai/congress/ro-khanna) | Buy | $1,001–$15,000 |
| Mar 25, 2026 | [Gilbert Cisneros](https://www.exent.ai/congress/gilbert-cisneros) | Buy | $1,001–$15,000 |
| Feb 4, 2026 | [Markwayne Mullin](https://www.exent.ai/congress/markwayne-mullin) | Sale | $15,001–$50,000 |
| Dec 18, 2025 | [Markwayne Mullin](https://www.exent.ai/congress/markwayne-mullin) | Sale | $15,001–$50,000 |
| Dec 18, 2025 | [Markwayne Mullin](https://www.exent.ai/congress/markwayne-mullin) | Sale | $15,001–$50,000 |
| Oct 31, 2025 | [Lisa McClain](https://www.exent.ai/congress/lisa-mcclain) | Sale | $1,001–$15,000 |
| Oct 30, 2025 | [Lisa McClain](https://www.exent.ai/congress/lisa-mcclain) | Buy | $1,001–$15,000 |
| Oct 30, 2025 | [Lisa McClain](https://www.exent.ai/congress/lisa-mcclain) | Sale | $1,001–$15,000 |

Amounts are the ranges members report, not exact values. The STOCK Act gives members up to 45 days to disclose a trade, so trades appear weeks after they are made. [See every member’s disclosed trades](https://www.exent.ai/congress)

3 trades in COHR disclosed in the last 30 days are in Exent Radar.

## Are COHR insiders buying or selling?

In the 12 months to Oct 20, 2026, COHR insiders made **no open‑market purchases** and **25 sales** worth $42.9 million, according to SEC Form 4 filings. The last open‑market purchase on record was on Dec 2, 2024.

After the 6 insider purchases of $10,000 or more since 2012, COHR beat the S&P 500 by an average of 14.1 percentage points over the next 12 months; 83% of them were followed by a beat. Across all 17,865 insider purchases in Exent’s study, the average was +17.2% and the median +1.0% against the index.

| Date | Insider | Role | Value |
| --- | --- | --- | --- |
| Dec 2, 2024 | Anderson James Robert | Director, officer: CEO & President | $51,360 |
| Nov 22, 2024 | Anderson James Robert | Director, officer: CEO & President | $51,989 |
| Sep 10, 2024 | Anderson James Robert | Director, officer: CEO & President | $35,275 |
| Sep 3, 2024 | Anderson James Robert | Director, officer: CEO & President | $36,685 |
| Jun 14, 2023 | Motley David L | Director | $299,741 |

The table lists the latest open‑market purchases on record, leaving out the last 30 days. The chart counts Form 4 purchases and sales by calendar quarter. Purchases are open‑market buys; sales include planned sales under 10b5‑1 trading plans. [Do insider buys beat the market?](https://www.exent.ai/resources/do-insider-buys-beat-the-market)

## How much of COHR is sold short?

As of the Sep 30, 2026 settlement date, **5.87%** of COHR’s float was sold short: 11.0 million shares, or 1.7 days of average trading volume to cover. A year earlier (Oct 15, 2025) it was 3.96%. The median across the 997 US stocks Exent tracks was 4.77%, so COHR is more heavily shorted than most.

From FINRA short‑interest reports, filed twice a month; the bars show the short share of the float at each month‑end. Days to cover divides the shares short by the average daily volume. [The most shorted stocks](https://www.exent.ai/resources/most-shorted-stocks)

## How many institutions own COHR?

At the end of Q2 2026 (Jun 30, 2026), **1,386 institutions** reported holding COHR in 13F filings, up 215 from the quarter before and up from 689 a year earlier. Their reported holdings add up to 111.0% of COHR’s shares. In the quarter 845 institutions added to their positions and 373 cut them.

- **1,386** 13F holders

- **341** new positions

- **132** positions closed

- **111.0%** of shares held by 13F filers

Investment managers with over $100 million in US equities file 13F reports within 45 days of each quarter end, so this is the latest complete quarter. Holdings can add up to more than 100% when shares are lent and counted twice. [Which stocks institutions are buying and selling](https://www.exent.ai/resources/institutional-ownership-13f-changes)

## Is COHR diluting shareholders?

COHR’s diluted share count **rose 69.9%** over the five fiscal years to fiscal 2026 and rose 26.2% in fiscal 2026 alone. Each share now owns a smaller slice of the company. The median change across the 1,005 US stocks Exent tracks was −0.1%.

Stock‑based compensation was $186.5 million in fiscal 2026, 2.6% of revenue. COHR did not buy back shares in fiscal 2026.

- **+26.2%** share count, 1 year

- **+69.9%** share count, 5 years

- **2.6%** stock pay as % of revenue

- **0.00%** buyback yield

Weighted‑average diluted shares from COHR’s annual income statements; stock‑based compensation and buybacks from its cash‑flow statement. [Stock dilution and stock‑based compensation, explained](https://www.exent.ai/resources/stock-dilution-and-stock-based-compensation)

## COHR financial health scores

In Exent’s Oct 20, 2026 snapshot, COHR’s Altman Z‑score was **4.83**, in the safe zone (where 465 of the 794 non‑financial US stocks Exent tracks sit). Its Piotroski F‑score was **7 out of 9**; 40% of scored stocks reach 7 or more.

- **4.83** Altman Z‑score: safe zone

- **7/9** Piotroski F‑score

The Altman Z‑score combines five balance‑sheet and earnings ratios into one bankruptcy‑risk score: below 1.81 is the distress zone, 1.81–2.99 grey, above 2.99 safe. It is not meaningful for banks, insurers and REITs. The Piotroski F‑score counts nine yes/no tests of profitability, leverage and efficiency; 8–9 is strong, 0–2 weak. Both come from the latest annual statements. [Which stocks have the highest bankruptcy risk?](https://www.exent.ai/resources/altman-z-score-bankruptcy-risk-stocks)

## What COHR talks about on earnings calls

On its latest earnings call (Aug 12, 2026), COHR’s executives and analysts mentioned AI **9 times**, against 10 on the call before (May 6, 2026); the average across 455 S&P 500 calls that quarter was 12.9. After AI, the most mentioned topic was data centers (31). Tariffs and recession did not come up.

| Mentions | Aug ’26 | May ’26 | Feb ’26 | Nov ’25 |
| --- | --- | --- | --- | --- |
| AI | 9 | 10 | 5 | 7 |
| AI agents | 0 | 0 | 0 | 0 |
| Data centers | 31 | 29 | 26 | 21 |
| Tariffs | 0 | 0 | 0 | 1 |
| China | 1 | 0 | 0 | 0 |
| Recession | 0 | 0 | 0 | 0 |

Word counts in the full transcript of each call, prepared remarks and Q&A, newest first. “AI” also counts generative AI and large language models; “AI agents” counts agentic AI. [Which companies talk most about AI?](https://www.exent.ai/resources/ai-mentions-on-earnings-calls)

## Which ETFs hold COHR?

As of Oct 20, 2026, **64** of the 304 ETFs Exent tracks held COHR. Its largest weight is in FDG (American Century Focused Dynamic Growth ETF), at 2.49% of the fund.

| ETF | Fund | Weight of COHR |
| --- | --- | --- |
| FDG | American Century Focused Dynamic Growth ETF | 2.49% |
| CHAT | Tidal Trust II - Roundhill Generative AI & Technology ETF | 2.15% |
| SOXQ | Invesco PHLX Semiconductor ETF | 2.10% |
| [VOT](https://www.exent.ai/etfs/vot) | Vanguard Mid-Cap Growth Index Fund | 1.33% |
| QTUM | Defiance Quantum ETF | 0.83% |
| [VO](https://www.exent.ai/etfs/vo) | Vanguard Mid-Cap Index Fund ETF Shares | 0.56% |
| [CGGR](https://www.exent.ai/etfs/cggr) | Capital Group Growth ETF | 0.36% |
| [IWS](https://www.exent.ai/etfs/iws) | iShares Russell Mid-Cap Value ETF | 0.34% |

Owning several of these funds stacks the same position. [How much do VOO, QQQ and VTI overlap?](https://www.exent.ai/resources/etf-overlap-voo-qqq-vti)

## How much is COHR’s CEO paid?

James R. Anderson, COHR’s Chief Executive Officer and President, received total pay of **$3.7 million** for fiscal 2025, down 96.3% from $101.5 million for fiscal 2024, according to the company’s [proxy statement](https://www.sec.gov/Archives/edgar/data/820318/000110465925096170/0001104659-25-096170-index.htm) filed with the SEC on Oct 2, 2025. The median CEO pay across the 378 S&P 500 companies Exent tracks was $17.2 million, so COHR’s CEO earned less than most.

| Pay component | Amount | Share of total |
| --- | --- | --- |
| Salary | $1.1 million | 28.5% |
| Incentive plan (cash) | $2.7 million | 71.3% |
| Other | $8,377 | 0.2% |

| Other top executives | Role | Total pay, 2025 |
| --- | --- | --- |
| Sherri Luther | Chief Financial Officer and Treasurer | $30.5 million |
| Rob Beard | Chief Legal and Global Affairs Officer and Secretary | $14.6 million |
| Julie Eng | Chief Technology Officer | $5.4 million |
| Giovanni Barbarossa | Chief Strategy Officer | $5.0 million |

Figures from the summary compensation table of the proxy statement; awards count at their grant‑date value, so one large multi‑year grant can make a single year stand out. [CEO pay across the S&P 500](https://www.exent.ai/resources/ceo-pay-sp-500)

## The right benchmark for COHR

Exent matches every holding to the index with the most similar risk. For COHR that is **QQQ** (the Nasdaq‑100). Comparing a holding with an index that carries very different risk makes good results look bad and risky ones look clever. Read [why the S&P 500 is the wrong benchmark for most portfolios](https://www.exent.ai/resources/why-the-sp-500-is-the-wrong-benchmark).

## Other technology stocks

| Ticker | Name | 5‑year return | Volatility (5y) |
| --- | --- | --- | --- |
|  | Apple Inc. | +135.9% | 28.0% |
|  | NVIDIA Corporation | +704.3% | 51.1% |
|  | Microsoft Corporation | +64.0% | 26.5% |
|  | Broadcom Inc. | +570.0% | 44.7% |
|  | Micron Technology, Inc. | +1,211% | 51.9% |
|  | Advanced Micro Devices, Inc. | +319.9% | 58.3% |
|  | Palantir Technologies Inc. | +611.4% | 64.4% |
|  | Oracle Corporation | +45.7% | 40.4% |

## Data and methodology

Returns are total returns from month‑end adjusted closing prices (dividends reinvested) through Oct 30, 2026. Crisis drawdowns and trailing maximum drawdowns use daily prices. Analyst coverage counts ratings published in the last 12 months, shown with a 30‑day delay. Full method: [Exent methodology](https://www.exent.ai/methodology).

Company data as of Oct 20, 2026. The move around an earnings report runs from the close before it to the close after it; a price target counts as hit when the stock closed at or beyond it within 12 months (Exent analyst data). Revenue by region and segment, share counts and executive pay come from company filings; insider trades from SEC Form 4, short interest from FINRA, institutional ownership from 13F filings, Congress trades from STOCK Act disclosures filed with the House and Senate, federal contracts from USAspending.gov. Filings from the last 30 days are shown as counts only.

Past performance does not guarantee future results. Historical figures are calculated by Exent from market data and are for education only; they are not investment advice or a recommendation to buy or sell any security.

## Check COHR with Exent Gems

Wall Street’s average COHR price target is 88.6% above the latest share price. See what the best‑ranked analysts on COHR say now in Exent Gems.

1. Exent ranks Wall Street analysts by their past price‑target hit rate and returns, and keeps the best‑ranked few.
2. Gems shows who the top‑ranked analysts covering COHR are, their live calls and the median target of only the top‑rated analysts.
3. Gems flags the stocks where several top‑ranked analysts agree: a starting point for your own research, not a promise.

Exent is our product: [Exent Gems](https://www.exent.ai/radar)

Also: [Stress‑test your portfolio with COHR](https://www.exent.ai/portfolio)

## Frequently asked questions

### Did COHR beat the S&P 500 over the last 10 years?

Yes. COHR returned +656.5% (+22.4% a year) over the 10 years to Oct 30, 2026, versus +316.3% (+15.3% a year) for the S&P 500, including dividends.

### Is COHR in the S&P 500?

Yes. As of Oct 20, 2026, COHR (Coherent Corp.) is one of the 503 stocks in the S&P 500.

### How much did COHR fall in the 2008 crash?

COHR fell −68.2% from peak to trough during the global financial crisis (2007–09), versus −56.5% for the S&P 500.

### How much did COHR fall in the COVID crash?

COHR fell −43.0% from peak to trough during the covid crash (feb–mar 2020), versus −34.1% for the S&P 500.

### How much did COHR fall in the 2022 bear market?

COHR fell −56.3% from peak to trough during the 2022 inflation bear market, versus −25.4% for the S&P 500.

### What is COHR’s Sharpe ratio?

Over the 5 years to Oct 30, 2026, COHR’s Sharpe ratio was 0.66 and its Sortino ratio 1.10, versus 0.58 and 0.91 for the S&P 500.

### Is COHR a volatile stock?

COHR’s 5‑year annualized volatility was 68.1%, higher than the S&P 500’s 17.0%, with a beta of 2.21.

### What is least correlated with COHR?

Among large US stocks, the lowest correlations with COHR over the last 60 months were LMT (−0.17), COP (−0.16), XOM (−0.14). Its correlation with long Treasuries (TLT) was 0.39 and with gold (GLD) 0.17.

### Does COHR usually beat earnings estimates?

COHR beat the consensus earnings-per-share estimate in 12 of its last 12 quarterly reports through Aug 12, 2026, and the revenue estimate in 7 of 12. The stock moved 10.5% on average, up or down, from the close before each report to the close after it.

### How much does COHR’s CEO make?

James R. Anderson, COHR’s Chief Executive Officer and President, received $3.7 million in total pay for fiscal 2025, including a $1.1 million salary and $0 in stock and option awards valued at grant, according to the proxy statement filed with the SEC on Oct 2, 2025. The median S&P 500 CEO received $17.2 million.

### How much of COHR’s revenue comes from China?

In fiscal 2026 (the year to Jun 30, 2026), 11.4% of COHR’s $7.1 billion revenue came from China, about $811.5 million, down from 11.7% in fiscal 2025. Regions are as COHR reports them in its annual filings.

### Have members of Congress traded COHR?

Yes. As of Oct 20, 2026, 9 members of Congress had disclosed 25 trades in COHR (14 buys and 11 sales) in STOCK Act disclosures filed with the House and Senate.

### What is COHR’s short interest?

As of the Sep 30, 2026 settlement date, 5.87% of COHR’s float was sold short (11.0 million shares, 1.7 days to cover), according to FINRA short-interest reports. A year earlier it was 3.96%.

### Is COHR diluting shareholders?

Yes. COHR’s diluted share count rose 69.9% over the five fiscal years to fiscal 2026 and rose 26.2% in the latest year. Stock-based compensation was 2.6% of revenue.

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Educational content, not investment advice. Past performance does not guarantee future results.